David Baszucki - Aug 30, 2021 Form 4 Insider Report for Roblox Corp (RBLX)

Role
President & CEO, Director, 10%+ Owner
Signature
/s/ Mark Reinstra Attorney-in-Fact for David Baszucki
Stock symbol
RBLX
Transactions as of
Aug 30, 2021
Transactions value $
-$30,621,104
Form type
4
Date filed
9/1/2021, 08:00 PM
Previous filing
Jun 3, 2021
Next filing
Nov 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Gift $0 -125K -7.69% $0.00 1.5M Jun 9, 2021 See Footnote F1
transaction RBLX Class A Common Stock Sale -$5.3M -65.5K -4.37% $80.82 1.43M Aug 30, 2021 See Footnote F1, F2, F3
transaction RBLX Class A Common Stock Sale -$19.6M -240K -16.74% $81.67 1.19M Aug 30, 2021 See Footnote F1, F2, F4
transaction RBLX Class A Common Stock Sale -$5.25M -63.8K -5.34% $82.29 1.13M Aug 30, 2021 See Footnote F1, F2, F5
transaction RBLX Class A Common Stock Sale -$412K -4.93K -0.44% $83.49 1.13M Aug 30, 2021 See Footnote F1, F2, F6
transaction RBLX Class A Common Stock Sale -$50.7K -600 -0.05% $84.55 1.13M Aug 30, 2021 See Footnote F1, F2, F7
transaction RBLX Class A Common Stock Conversion of derivative security $0 +750K +66.67% $0.00 1.88M Aug 31, 2021 See Footnote F1, F8
transaction RBLX Class A Common Stock Conversion of derivative security $0 +750K $0.00 750K Aug 31, 2021 See Footnote F8, F9
transaction RBLX Class A Common Stock Conversion of derivative security $0 +750K $0.00 750K Aug 31, 2021 See Footnote F8, F10

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RBLX Class B Common Stock Conversion of derivative security $0 -750K -5.55% $0.00 12.8M Aug 31, 2021 Class A Common Stock 750K See Footnote F9, F11
transaction RBLX Class B Common Stock Conversion of derivative security $0 -750K -5.55% $0.00 12.8M Aug 31, 2021 Class A Common Stock 750K See Footnote F10, F11
transaction RBLX Class B Common Stock Conversion of derivative security $0 -750K -2.83% $0.00 25.8M Aug 31, 2021 Class A Common Stock 750K See Footnote F1, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held directly by The Freedom Revocable Trust dated February 28, 2017 as amended, and for which the Reporting Person serves as trustee.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on March 22, 2021.
F3 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $80.06 to $81.05, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $81.06 to $82.05, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $82.06 to $83.00, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $83.06 to $83.95, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $84.34 to $84.76, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 Each share of the Class A Common Stock was issued upon conversion of one share of Class B Common Stock at the election of the Reporting Person.
F9 These shares are held by the 2020 David Baszucki Gift Trust dtd 12/31/2018 for which the Bessemer Trust of Delaware, N.A. serves as trustee. The Reporting Person may be deemed to have beneficial ownership of the securities held by the Gift Trust.
F10 These shares are held by the 2020 Jan Baszucki Gift Trust dtd 12/31/2018 of which the Bessemer Trust Company of Delaware, N.A. serves as trustee. The spouse of the Reporting Person may be deemed to have beneficial ownership of the securities held by the Gift Trust.
F11 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the election of the Reporting Person and has no expiration date.